Tuesday, January 20, 2009
Interesting day
Dow seems to be breaking down what appears like a ascending triangle formation. It is a common occurrence among these type of formations that the direction of the first breakout is usually in the opposite side of the impending trend. However, the chart, as it is now, do not give me any signal to take long positions yet, as I trade what I see, not what I predict.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment